# #115 The Measurement Mistakes Costing Brands Millions | Cormac Jonas Page: https://stenobird.com/podcast/always-be-testing-6553652/115-the-measurement-mistakes-costing-brands-millions-cormac-jonas Text version: https://stenobird.com/podcast/always-be-testing-6553652/115-the-measurement-mistakes-costing-brands-millions-cormac-jonas.md Podcast: [Always Be Testing](https://stenobird.com/podcast/always-be-testing-6553652) Published: 2026-02-10T16:41:09+00:00 Episode link: https://share.transistor.fm/s/59f7bfc7 Audio file: https://media.transistor.fm/59f7bfc7/22cfffbb.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/always-be-testing-6553652/episodes/115-the-measurement-mistakes-costing-brands-millions-cormac-jonas Duration seconds: 2239 ## Resource In this episode of Always Be Testing , host Tye DeGrange is joined by Cormac Jonas, CEO and Founder of The Jonas Agency, for a deep dive into what’s actually broken in modern performance marketing. With years of experience across affiliate, paid media, and creator-led growth, Cormac brings a sharp perspective on why so many brands are optimizing campaigns while ignoring the bigger problem: flawed measurement. The conversation unpacks how misattribution, last-click bias, and platform incentives distort ROI, using the recent Honey browser extension controversy as a real-world example of how value gets misassigned across channels. They explore why TikTok and YouTube reshaped high-intent demand, how AI, CTV, and programmatic traffic are inflating “performance” metrics, and why owning an audience now matters more than owning traffic. This episode is a candid look at where affiliate and performance marketing are heading — and what brands need to fix before scaling spend. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/always-be-testing-6553652/episodes/115-the-measurement-mistakes-costing-brands-millions-cormac-jonas/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/always-be-testing-6553652/115-the-measurement-mistakes-costing-brands-millions-cormac-jonas.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.